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The Businessman Elon Musk Is Now Officially the Richest Man in the World

Elon Musk Has Become the Richest Man in History

Thanks to the growth of the value of Tesla shares to 1 trillion dollars, its CEO's fortune reached 300 billion dollars. However, then the share price fell slightly, but this hardly upset Elon Musk much: the record was broken anyway.

The businessman's 21% stake in Tesla is the bulk of his fortune, but he also owns a minority stake in SpaceX, which he founded in 2002.

Despite his wealth, the South African-born man follows a relatively modest lifestyle. In the spring of 2020, the billionaire promised to get rid of most of the property, including half a dozen Californian houses. By June, Musk's primary residence was a studio-sized rented home in Texas, where SpaceX manufactures its rockets.

Prior to that, the richest man in history was Jeff Bezos. The Forbes list of the rich was first compiled 103 years ago. Then it was a list of the 30 richest Americans. The first line at that time was occupied by John Rockefeller with a fortune of 1.2 billion dollars. Another billionaire Bill Gates was the richest man on the planet from 1998 to 2008. Then he was briefly removed from the first line of Forbes by his close friend Warren Buffett.

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